Paul Dmitri Zier

Kirkland & Ellis advised Jersey Mike’s in connection with its fifth securitization and $760 million note issuance. The Kirkland team included debt structured finance lawyers Chirag Domadia, Michael Urschel, Brandon Karas, Brooke Brimo, Anne Li, Leon Klaus and Suril Patel; capital markets lawyers Aaron Simons, Ross Leff and Leia Andrew; tax lawyers Jon Nelsen, Mike Beinus, Vivek Ratnam, and Karissa Leffingwell; litigation lawyer Nick Niles; regulatory lawyers Xiao-Hong Jing, Melissa Gainor, Paul Zier, Nick Tarnowski, Jarvis Yau; investment funds ERISA lawyers Ted Brown, Sabrina Glaser and Jack Bernstein; and technology & IP transactions lawyers Rory Wellever and Molly Mahowald.

Feb 11

1 min

Kirkland & Ellis advised Eastern Bell Capital (“Eastern Bell”) on the raising and closing of its first USD fund, Eastern Bell Capital Fund I (the “Fund”). Eastern Bell is an ecosystem-based fund concentrating on “improving industrial efficiency with supply chain as its core competence” and focuses its investments in the logistics, supply chain, retain and brand, and data technology sectors. The Fund has significantly exceeded its target size and increased its original hard cap with aggregate capital commitments of US$365 million. The Fund’s investor base comprises of global institutional investors including sovereign wealth funds, pensions, foundations, large family offices and fund of funds. The Kirkland team was led by investment funds partners Carol Liu and Jennifer Feng, and included investment funds partners Michael Chu and Romin Dabir, tax partner Alec Campbell and capital markets partner Paul Zier.

Dec 4

1 min

Kirkland & Ellis advised Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, on its $126 million investment into Root Inc. (Nasdaq: ROOT). The investment accompanied an exclusive partnership with Root to develop integrated auto insurance solutions for Carvana’s online car buying platform. The investment was in the form of a convertible preferred security and included warrants for Class A shares in Root. Read the Carvana press release Kirkland also advised Carvana on its pricing of a private placement of $750 million in aggregate principal amount of its 4.875% senior notes due 2029. The offering closed on August 16, 2021. Read the Carvana press release The Kirkland team was led by capital markets partners Bob Hayward, Bob Goedert, Michael Keeley and Paul Zier, and associates Ashley Sinclair, Johnny Ellis, Anna LeGrett, Tala Esmaili and Chris Johnson; with corporate partner Ed Lee and associate Peter Fritz; and tax partner Tom Evans and associate Miles Johnson.

Aug 16

1 min

Kirkland & Ellis advised CBC Group, a leading healthcare-dedicated investment firm, on the successful fundraising and closing of its fifth healthcare fund, C-Bridge Healthcare Fund V, L.P. The fund held its final closing with aggregate commitments of approximately $1.67 billion, significantly exceeding its target. The fund received strong support from a broad mix of prestigious global institutional investors, including sovereigns, pensions, endowments, foundations, large family offices and fund of funds. The Kirkland team was led by investment funds partners Carol Liu and Nicholas Liew, and included investment funds partners Joshua Westerholm and Reed Schuster, financial services regulatory partner Prem Mohan, tax partners Daniel Meehan, Ian Ferreira and Daniel Hiemer and capital markets partner Paul Zier.

Apr 3

1 min

Kirkland & Ellis advised Eastern Bell Capital, a fund manager focused on supply chain and logistics sectors in Greater China, on the successful closing of its second USD fund, Eastern Bell Fund II. The fund held its final closing with aggregate commitments of $800 million, exceeding its original hard cap. The fund’s investor base include prestigious global sovereign wealth funds, pension funds, insurers, corporates, family offices and fund of funds. Read more in Eastern Bell’s press release The Kirkland team was led by investment funds partner Carol Liu and investment fund legal manager Ling Zhu, and included investment funds transaction manager Xinnuo Zhao. The team also included investment funds partners Joshua Westerholm, Michael Chu and Romin Dabir, tax partner Alec Campbell and associate Kyle Litfin, employee benefits partners Liz Dyer and Erica Rozow, and capital markets partner Paul Zier.

Jan 6

1 min